What Athropic’s powerful new model means for Indian IT stocks
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Indian IT stocks have declined 17% in 2026 due to concerns over AI disruption, with major players like Infosys and TCS falling over 20%. The launch of Anthropic's new model, Mythos, may pose near- to medium-term risks to demand and valuations across the sector.
Indian IT stocks are under pressure due to AI concerns. The Nifty IT index has declined 17% in 2026. Major players like Infosys, TCS, and Wipro have fallen over 20%. Anthropic's new model, Mythos, may disrupt the sector. Analysts caution that this could pose risks to demand and valuations. Indian IT companies are bracing for another potential wave of disruption.
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